The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, PowerFleet Inc (NASDAQ: AIOT) closed at $5.93 down -1.17% from its previous closing price of $6.00. In other words, the price has decreased by -$1.17 from its previous closing price. On the day, 2.56 million shares were traded.
Ratios:
For a deeper understanding of PowerFleet Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 0.61 whereas as Long-Term Debt/Eq ratio is at 0.53.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 05 ’24 when Lewis Catherine J bought 270,000 shares for $6.82 per share.
Lewis Catherine J sold 187,990 shares of AIOT for $1,265,173 on Dec 06 ’24. The Chief Customer Officer now owns 52,972 shares after completing the transaction at $6.73 per share. On Dec 05 ’24, another insider, Lewis Catherine J, who serves as the Chief Customer Officer of the company, sold 82,010 shares for $7.05 each. As a result, the insider received 578,170 and left with 240,962 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 2.68 while its Price-to-Book (P/B) ratio in mrq is 1.71.
Stock Price History:
Over the past 52 weeks, AIOT has reached a high of $8.71, while it has fallen to a 52-week low of $2.88. The 50-Day Moving Average of the stock is -10.60%, while the 200-Day Moving Average is calculated to be 6.52%.
Shares Statistics:
A total of 132.49M shares are outstanding, with a floating share count of 125.16M. Insiders hold about 5.54% of the company’s shares, while institutions hold 72.87% stake in the company.
